Who is the insured in this case

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Problem

Duke purchased his new Dodge Charger last year from Ball Dodge for a price of $40,000, making a $2,000 down payment and financing the $38,000 balance through Porcine Bank. By the time he had the accident that totaled the Charger, Duke's monthly payments had reduced the loan balance to $36,000. However, the car's actual cash value at the time of the loss was only $33,000. Duke's personal auto policy from Colossal Casualty includes a loss payable clause that indicates that the loss payee will be paid "as its interests may appear." gnoring deductibles, how much should Colossal Casualty pay Porcine Bank? Get the instant assignment help. (Search Chapter 1) a. $33,000 6 b. $36,000 O c. $38,000 od. $40,000 4. In the classic 1944 movie Double Indemnity, insurance agent Walter Neff participates in a plot with Phyllis Dietrichson to murder her husband in order to collect the proceeds of his life insurance policy. Who is the insured in this case?

Reference no: EM133879089

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